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PaperPlanes

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PaperPlanes

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Tuesday, 04/04/2017 5:00:46 PM

Tuesday, April 04, 2017 5:00:46 PM

Post# of 1644
Aphria Launches US Expansion Strategy


Announces 37% interest in entity to be branded Aphria USA


http://www.marketwired.com/press-release/aphria-launches-us-expansion-strategy-tsx-aph-2207806.htm


"Aphria's success story is no longer limited to Canada," said Vic Neufeld, Chief Executive Officer. "Aphria's footprint expansion provides significant growth opportunities for our shareholders. The royalty agreement provides an additional cash flow stream to our industry leading cash flow from operations. The additional equity received for our intellectual property continues the validation of our greenhouse model. We will continue to examine other US opportunities and strive to introduce new states to Liberty's business model."
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